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Georgian CEO Listed Among Young Global Leaders by WEF

World Economic Forum named CEO of Adjara Group, Valeri Chekheria among Young Global Leaders of 2018. The World Economic Forum established the Forum of Young Global Leaders to foster leaders in public-private cooperation and forge a new model of global governance for the Fourth Industrial Revolution. Every year, the Forum honours 100 …

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Hotel Industry Development component – Host in Georgia

The new Hotel Industry Development component of the state program ‘Produce in Georgia’ has already noted huge successes. Entreprise Georgia already supported 44 business entities, with a total investment volume of 128.7 million GEL and based on these 44 new hotels, more than 1,300 people will be employed and an additional 1,300 new rooms will be added to the Georgian …

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Georgia and EFTA: Free Trade Agreement Comes Into Force

Interview with President of Georgian Swiss Business Association Ms.Nona Mamulashvili. A free trade deal between Georgia and four European countries has begun recently, how will Georgia benefit from this deal, and what is the importance of the agreement for both sides? The FTA between Georgia and EFTA countries creates a …

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Hotel Infrastructure to be Arranged Near Tbilisi Airport

Hotel Infrastructure will be arranged near Tbilisi Airport. The stater is already looking for an investor to build a hotel. In order to develop tourism infrastructure, the National Agency of State Property has presented 12 563 sq.m existing property by Tbilisi Airport for sale at electronic auction within the project:  …

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GINO Green City Corporation to Build Eco City at Tbilisi Sea

GINO Green City Corporation plans to build an eco city at Tbilisi Sea. GINO Group and Partnership Fund have already signed several documents. Eco Green city project calls for developing Tbilisi Sea territory. The project’s investment value is 700 million EUR. The biggest project of GINO Group calls for building …

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Manager of Mcdonald’s Georgia Listed Among Top 10 Managers Worldwide

Salome Kaladze

Director of Mcdonald’s Georgia, Gldani Branch, Salome Kaladze, has been listed among McDonald’s managers worldwide. McDonald’s have an annual award ceremony to identify and celebrate their top 75 managers in Europe. There is an event for the winners and their immediate teams and this film was created as the closer to …

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Smoking Ban will Badly Hit Private Sector

Starting May 1, 2018 Tobacco Control Law will come into force. The law bans smoking, including electronic cigarettes, at various facilities. Smoking is banned at: Any building, public transport, excluding taxi and motorboat; educational facilities, libraries, youth camps, children entertainment centers and other buildings for underage bodies and their territories; …

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Assets of Microfinance Organizations Hit 1.5 billion GEL

Cartu Bank Profits Marked 5.6 million GEL as of May 1

The assets of microfinance organizations made up 1.5 billion GEL at the end of 2017, the National Bank’s report for 2017 announced. According to the report, as of December 31, 2017, a total of 75 microfinance organizations were registered in Georgia. Net loans by the microfinance sector hit 1.04 billion …

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